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$27,000,000

Beds
8
Baths
13.0
sq ft
Unknown

1236 S Venetian Way, Miami Beach, FL 33139

1236 S Venetian Way

Miami, FL 33139

  • 46 days on market
Stunning lot to build your dream home with 206 waterfront on Biscayne Bay with direct downtown sunset views. Prime location within the prestigious Venetian Islands, this remarkable vacant lot spans near 27,000 sq ft, making it one of the largest waterfront parcels available in Miami capable of yielding approx. 18,500 sq ft residence. Build higher with first floor at 15 ft NGVD and design an understory that will provide garage parking for over 12 luxury cars. The property sale includes approved and permitted plans for a beautiful home designed by Richard Landry. It will save buyers two years of time that it takes to design, review plans and get permits approved. With permitted plans ready for contractor to break ground you will save worth millions of dollars in development costs and time.

Details

Property type

Single Family Residence

Est. home value

$28,009,535

Lot size

0.62 acres

Price per sq ft

Unknown

Year built

2025

Annual property taxes

$176,422

Price History

05/20/2024
SEF

SEF #A11405103

Removed
$27,000,000
05/20/2024
SEF

SEF #A11591088

Listed
$27,000,000
05/26/2023
SEF

SEF #A11405103

Listed
$27,000,000
+107.69%

Schools & Community

Neighborhood: 

San Marco Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

April 2022

Original loan amount

$14,000,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

New Conventional, 5 year

Seller

1234 Venetian Llc

Lender

First Republic Bank

Loan start date

April 2022

Original loan amount

$14,000,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

New Conventional, 5 year

Seller

1234 Venetian Llc

Lender

First Republic Bank

Loan start date

August 2021

Original loan amount

$4,000,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 4 year

Seller

1234 Venetian Llc

Lender

First Republic Bank

Loan start date

August 2021

Original loan amount

$4,000,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 4 year

Seller

1234 Venetian Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/04/2024 at 11:35 PM

Listing updated: 06/27/2024 at 11:14 AM

Listed by: Julian Johnston, The Corcoran Group Phone #: (305) 395-4982

MLS: SEF #A11591088

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